"Mr. Dai, an economist, has since left his post with
the central bank and now
manages the country’s $150 billion social security fund,
one of the world’s biggest investment funds," reported
Barboza.

And now Dai told Chinese workers that the social security
fund was found not enough to cover the age pension and the
workers will have to keep working and paying superannuation
contributions for five more years (if they are males) to
ten more years (if they are females office workers) even
15 years more (if they are female manual workers) before
being illegible for retirement and receiving old-age pension.